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Market finally waking up, page-9

  1. 10,010 Posts.
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    Yes I have a feeling RIE might do some catching up tomorrow once people do the maths.

    I completely forgot about it in the hype of AUZ'S run this morning and didn't even look at it.

    But even with a $6m MC people can't forget that RIE has or good as has $2m cash. The Milrose sale will go through very soon and RIE will have $1.8m cash with intentions of contributing to Dixon and increasing there %. AUZ may not even have to raise for a while and RIE could contribute to the next drill campaign and more to earn back 10% or so.

    But even so only leaves RIE with a $4m EV and 20% free carried position where AUZ are now worth $34m dollars!

    I think I'll hold mine a bit longer. Would be even money if RIE was at 5c imo.
 
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